ACCRETION AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

−2,38 %

Current Ratio

30,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 091 000	1 923 000	1 963 000	1 872 000
Net Income	−451 000	2 782 000	3 976 000	3 061 000
Total Assets	19 593 000	21 858 000	21 572 000	17 646 000
Total Equity	18 949 000	19 400 000	20 119 000	17 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 091 000	1 923 000	1 963 000	1 872 000
Expenditure	999 000	1 017 000	1 045 000	976 000
Operating Profit	1 092 000	906 000	918 000	896 000
Financial Income	6 746 000	2 077 000	3 262 000	2 363 000
Financial Costs	7 912 000	0	0	1 000
Financial Balance	−1 166 000	2 077 000	3 262 000	2 362 000
Earnings Before Tax	−74 000	2 983 000	4 179 000	3 258 000
Tax	377 000	201 000	203 000	196 000
Net Income	−451 000	2 782 000	3 976 000	3 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	60 000	0
Total Current Assets	19 593 000	21 858 000	21 512 000	17 646 000
Total Assets	19 593 000	21 858 000	21 572 000	17 646 000
Total Retained Equity	18 849 000	19 300 000	20 019 000	17 043 000
Total Equity	18 949 000	19 400 000	20 119 000	17 143 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	644 000	2 457 000	1 453 000	503 000
Total Equity and Debt	19 593 000	21 858 000	21 572 000	17 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 091 000	1 923 000	1 963 000	2 043 000
Other Income	0	0	0	−171 000
Revenue	2 091 000	1 923 000	1 963 000	1 872 000
Cost of Goods Sold	0	0	0	0
Salary Costs	899 000	919 000	889 000	894 000
Depreciation	0	0	0	7 000
Impairment	0	0	0	0
Expenditure	999 000	1 017 000	1 045 000	976 000
Operating Profit	1 092 000	906 000	918 000	896 000
Financial Income	6 746 000	2 077 000	3 262 000	2 363 000
Financial Costs	7 912 000	0	0	1 000
Financial Balance	−1 166 000	2 077 000	3 262 000	2 362 000
Dividends	0	3 500 000	1 000 000	0
Net Income	−451 000	2 782 000	3 976 000	3 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	60 000	0
Total Fixed Assets	0	0	60 000	0
Stock	0	0	0	0
Total Investments	17 712 000	20 931 000	18 892 000	15 636 000
Cash, Bank	1 642 000	702 000	2 418 000	1 631 000
Total Current Assets	19 593 000	21 858 000	21 512 000	17 646 000
Total Assets	19 593 000	21 858 000	21 572 000	17 646 000
Total Equity	18 949 000	19 400 000	20 119 000	17 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	5 000	33 000	5 000
Unpaid Taxes	168 000	157 000	131 000	224 000
Dividends	0	3 500 000	1 000 000	0
Other Current Debt	91 000	2 093 000	86 000	78 000
Total Current Debt	644 000	2 457 000	1 453 000	503 000
Total Equity and Debt	19 593 000	21 858 000	21 572 000	17 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,38 %	14,34 %	19,76 %	17,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,22 %	47,11 %	46,77 %	47,86 %
Current Ratio	30,42	8,9	14,81	35,08
Quick Ratio	30,42	8,9	14,81	35,08
Equity Ratio	0,97	0,89	0,93	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %